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    Microeconomics Study Set 8
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    Exam 15: Externalities, Environmental Policy and Public Goods
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Figure 152 Figure 15

Question 206

Question 206

Multiple Choice

Figure 15.2 Figure 15.2   Figure 15.2 shows a market with a negative externality. -Refer to Figure 15.2.What is the efficient output level? A) Q<sub>d</sub> B) Q<sub>b</sub> C) Q<sub>a</sub> D) Q<sub>b</sub> - Q<sub>d</sub> Figure 15.2 shows a market with a negative externality.
-Refer to Figure 15.2.What is the efficient output level?


A) Qd
B) Qb
C) Qa
D) Qb - Qd

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